News that the Bank of England (BoE) has given a clean bill of health to seven out of eight of the UK's largest banks and building societies may offer some respite for financial markets on Tuesday, though sentiment is likely to still be fragile after an eye-watering sell-off the previous session.City sources predict the FTSE 100 will open around 12 points higher than Monday's close of 6,182.72.The index plunged 1.7% on Monday to its lowest finish in 18 months as commodity stocks tanks on the falling oil price."For those who thought last week would mark the end of the selling before the Santa rally, Monday's session was rude awakening as literally everything that wasn't nailed down was sold," said analyst Jasper Lawler from CMC Markets.Both Brent and West Texas Intermediate (WTI) crude have fallen by over 45% this year and were extending losses from a five-year low. Brent was trading around $60.56 a barrel, while WTI fell as low as $55.25 a barrel.Stocks to watchSeven out of eight of the UK's largest banks and building societies have passed the BoE's latest round of stress tests, with the struggling Co-operative Bank being the only lender to have failed.BoE governor Mark Carney said that the results show that "the core of the banking system is significantly more resilient".However, both RBS and Lloyds only narrowly managed to exceed the minimum capital buffer of 4.5% under the most severe economic scenario, achieving ratios of just 4.6% and 5.0% respectively.Intercontinental Hotels is buying independent boutique hotel operator Kimpton Hotels & Restaurants for $430m in cash. Kimpton manages 62 hotels in the most attractive cities and resorts in the US with a further 16 hotels in the pipeline, as well as running 71 hotel-based destination restaurants and bars.